| Weakness seen in Linn Co, LLC (LNCO): Stock Falls by 5.2% | |
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Linn Co, LLC (LNCO) saw a big move last session, as the company’s shares fell by over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for LNCO, as the stock is now down over 15% in the past one-month time frame.
This slump shouldn’t be too much of a surprise to investors, as the oil exploration & production company has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
LNCO currently has a Zacks Rank #5 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the same sector include Magnum Hunter Resources Corp. (MHR), Northern Oil and Gas, Inc. (NOG) and Abraxas Petroleum Corp. (AXAS). While the stocks Magnum Hunter Resources and Northern Oil and Gas hold a Zacks Rank #1 (Strong Buy), Abraxas Petroleum holds a Zacks rank #2 (Buy) .
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> LINN CO LLC (LNCO): Free Stock Analysis ReportMAGNUM HUNTER RESOURCES CORP (MHR): Free Stock Analysis ReportNORTHERN OIL AND GAS INC (NOG): Free Stock Analysis ReportABRAXAS PETROLEUM CP (AXAS): Free Stock Analysis ReportZacks Investment Research
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Northern Oil and Gas Inc.
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CODE : NOG |
ISIN : US6655311099 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Northern Oil and Gas is based in United states of america. Northern Oil and Gas holds various exploration projects in USA. Its main exploration properties are BAKKEN SHALE, MONTANA RED RIVER and TRENTON/BLACK RIVER in USA. Northern Oil and Gas is listed in United States of America. Its market capitalisation is US$ 2.9 billions as of today (€ 2.7 billions). Its stock quote reached its lowest recent point on March 20, 2020 at US$ 0.50, and its highest recent level on April 26, 2024 at US$ 43.27. Northern Oil and Gas has 65 944 133 shares outstanding. |